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Thomas Hoenig

Shahien Nasiripour

'Too Big To Fail' Lives | Shahien Nasiripour | Posted 08.06.2014 | Business

Eleven of the nation's largest banks have failed to convince federal regulators they could safely be wound down if they neared failure, government aut...

Zach Carter

Progressives Rally To Representatives' Call For Tougher Bank Rules | Zach Carter | Posted 11.07.2013 | Politics

WASHINGTON -- Three members of Congress this week sent a letter to top federal regulators urging them to adopt tougher capital requirements for big ba...

Interest Rates Are Too Low!

Lyric Hughes Hale | Posted 03.14.2012 | Business
Lyric Hughes Hale

What would happen if the central banks of the world, and the handful of people who run monetary policy, decided that they would all maintain the same interest rate?

Obama Nominates Big Bank Critic To Key Financial Regulatory Post

Posted 12.21.2011 | Business

President Barack Obama on Thursday nominated a prominent critic of large banks for a key banking industry regulatory post. The White House said Oba...

Shahien Nasiripour

Financial Reform Destined To Fail, Top Federal Reserve Official Says | Shahien Nasiripour | Posted 08.28.2011 | Business

WASHINGTON -- Reforms instituted after the financial crisis to prevent future taxpayer-funded bailouts are bound to fail and will likely be weakened w...

Fed Needs To Raise Rates To Avoid Bubble, Fed Official Says

Bloomberg | Posted 07.29.2011 | Business

May 29 (Bloomberg) -- Federal Reserve Bank of Kansas City President Thomas Hoenig, the central bank’s longest-serving policy maker, said the U.S. ne...

Fed Official: Let Big Firms Fail

Posted 06.07.2011 | Business

ROANOKE, Virginia (Pedro Nicolaci da Costa) - Large financial firms should be allowed to fail or they will continue to take excess risks that lead to ...

Bernanke: Dodd-Frank Should 'Level Playing Field' For Small Banks

Reuters | Dave Clark | Posted 05.25.2011 | Business

SAN DIEGO - New financial regulatory reforms should help reduce the edge that large banks have over smaller ones because of their implicit support fro...

Fed Governor: Too Big To Fail Is Worse Than Ever

New York Times | Thomas M. Hoenig | Posted 05.25.2011 | Business

THE world has experienced a severe financial crisis and economic recession. The Treasury and the Federal Reserve took actions that saved businesses an...

Fed Signals It May Take Futher Steps To Boost The Economy

Yahoo! Finance | Jeannine Aversa, AP Economics Writer | Posted 05.25.2011 | Business


Thomas Hoenig, Federal Reserve Governor, Is Fed Up

BusinessWeek | Paul M. Barrett and Scott Lanman | Posted 05.25.2011 | Business

Thomas M. Hoenig, dressed in a gray suit, white shirt with French cuffs, and baby-blue tie, faces an edgy crowd of 150 people in a hotel meeting room ...

Government Tactic: Help Banks by Lying to Homeowners

Richard Zombeck | Posted 05.25.2011 | Business
Richard Zombeck

The only real strategy a homeowner has is to apply for a loan modification using the same strategy the banks, servicers, and apparently the Administration, and Treasury have used against them.

Shahien Nasiripour

White House Defends Lackluster Foreclosure Programs | Shahien Nasiripour | Posted 05.25.2011 | Business

Policymakers will likely keep mortgage rates low for the next several years because it's the best and cheapest way to heal the housing market, a senio...

Shahien Nasiripour

Federal Reserve's Low Rate Policy Is A 'Dangerous Gamble,' Says Top Central Bank Official | Shahien Nasiripour | Posted 05.25.2011 | Business

A top regional Federal Reserve official sharply criticized Friday the Fed's ongoing policy of keeping interest rates near zero -- and at record lows -...

Shahien Nasiripour

Thomas Hoenig, Top Fed Official, Warns Fed Risks Repeating Past Mistakes | Shahien Nasiripour | Posted 05.25.2011 | Business

Nine of the 10 policy makers in the Federal Reserve voted to send a message Tuesday that the economic recovery is weakening and needs further stimulus...

Shahien Nasiripour

Geithner Admits Regulatory Failures, Reiterates Support For Empowering Regulators | Shahien Nasiripour | Posted 05.25.2011 | Business

Treasury Secretary Timothy Geithner and the Federal Reserve's longest-serving top official reiterated their calls Thursday to rein in the nation's fin...

Shahien Nasiripour

Banks Keep Derivatives Units, Volcker Rules Softened | Shahien Nasiripour | Posted 06.25.2010 | Business

This report was updated Friday at 10:25 a.m. ET and on Monday at 2:45 p.m. ET (see below). After nearly 20 hours over two final days filled with back...

Shahien Nasiripour

Geithner Stresses Need For 'Clear Rules' For Wall Street, But Senate Bill Doesn't Have Them | Shahien Nasiripour | Posted 05.25.2011 | Business

In yet another sign that the country can't rely solely on regulators to police the financial system, Treasury Secretary Timothy Geithner told Congress...

Thomas Hoenig: Top Fed Official Says Financial Reform Favors Wall Street Over Main Street

New York Times | Posted 05.25.2011 | Business

Unfortunately, the proposal for regulatory reform now before the Senate does not eliminate the concept of too-big-to-fail, and it deliberately narrows...

Shahien Nasiripour

St. Louis Fed Chief Calls For Megabanks To Be Broken Up, Joins Other Top Fed Officials | Shahien Nasiripour | Posted 05.25.2011 | Business

A third top Fed official is calling for megabanks to be broken up. James Bullard, president and chief executive of the Federal Reserve Bank of St. Lo...

Shahien Nasiripour

Obama's Treasury Dept Working To Defeat Derivatives Proposal 'Of Utmost Importance' To Reforming Wall Street | Shahien Nasiripour | Posted 06.14.2010 | Business

A Senate proposal to force banks to shed their lucrative yet risk-laden derivatives units -- which is vehemently opposed by Wall Street -- is gaining ...

Shahien Nasiripour

Top Hawk On Fed Supports Restricting Banks' Derivatives Bets, Goes FURTHER Than Obama | Shahien Nasiripour | Posted 06.10.2010 | Business

The top fiscal hawk and longest-serving policy maker in the Federal Reserve supports limiting banks' derivatives activities, a potential blow to Wall ...

Shahien Nasiripour

Richard Fisher, Top Fed Official: Too Big To Fail Lives On, Only Way Out Is To Shrink Megabanks | Shahien Nasiripour | Posted 05.25.2011 | Business

A top Federal Reserve official blasted the Senate's financial reform bill Thursday night, arguing that it does little to end the perception that megab...

Shahien Nasiripour

Top Fed Official Wants To Break Up Megabanks, Stop The Fed From Guaranteeing Wall Street's Profits [EXCLUSIVE] | Shahien Nasiripour | Posted 05.25.2011 | Business

Click on the next page and scroll down for audio of the interview The U.S. should bust up its megabanks and impose strict laws curbing the size and c...

Shahien Nasiripour

Top Fed Official Says Megabanks Need To Shrink Or Crises Will Keep Occurring | Shahien Nasiripour | Posted 05.25.2011 | Business

The U.S. financial system is tilted in favor of the biggest banks, compromising the "very foundation of the economic system" and putting the nation at...